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RANKED: The richest nations in the 2018 FIFA World Cup

RANKED: THE RICHEST NATIONS IN THE 2018 FIFA WORLD CUP

Reuters Soccer and money go hand in hand. The sport is watched in multiple territories around the world, and some of its most recognisable...

Q1 GDP: Investment

Q1 GDP: INVESTMENT

IMPORTANT NOTE: In the GDP report, real residential investment was unchanged in Q1. But residential investment as a percent GDP actually...

 
 
 
US states that would get hit the hardest by a trade war

US STATES THAT WOULD GET HIT THE HARDEST BY A TRADE WAR

AP/Carlos Osorio A potential trade war is heating up between the US and China. Six states rely on trade for more than 30% of their...

In 2017, Slovenia tourism was responsible for contributing 11.9 percent of the GDP

IN 2017, SLOVENIA TOURISM WAS RESPONSIBLE FOR CONTRIBUTING 11.9 PERCENT OF THE GDP

Slovenia's travel and tourism industry has indirectly churned out 11.9 percent of the GDP in 2017. The sector employed more than 101,500...

 
 
 
Q4 GDP Revised to 2.9%

Q4 GDP REVISED TO 2.9%

This morning, the government revised Q4 GDP growth from 2.5% to 2.9%. This means that the last three quarters of 2017 saw decent growth....

Global travel and tourism sector outperforms global economy in 2017

GLOBAL TRAVEL AND TOURISM SECTOR OUTPERFORMS GLOBAL ECONOMY IN 2017

According to the WTTC report, travel and tourism contributed around US$8.3 trillion to the world's GDP in 2017. The tourism industry...

 
 
 
In 2017, tourism generated 10.4 percent of global GDP & 9.9 percent of employment

IN 2017, TOURISM GENERATED 10.4 PERCENT OF GLOBAL GDP & 9.9 PERCENT OF EMPLOYMENT

In 2017, the World Travel & Tourism Council or WTTC yearly Economic Impact Research showed that direct contribution of Travel & Tourism...

U.S. Current-Account Deficit Increases in Fourth Quarter 2017

U.S. CURRENT-ACCOUNT DEFICIT INCREASES IN FOURTH QUARTER 2017

The U.S. current-account deficit increased to $128.2 billion in the fourth quarter of 2017 from $101.5 billion in the third quarter...

 
 
 
One of Wall Street's most-followed forecasts for the US economy is looking worse and worse

ONE OF WALL STREET'S MOST-FOLLOWED FORECASTS FOR THE US ECONOMY IS LOOKING WORSE AND WORSE

The Atlanta Fed's GDP now tracker projects 1.9% growth for the US economy in the first quarter. The tracker saw 5.4% growth in early...

The US's national debt spiked $1 trillion in less than 6 months

THE US'S NATIONAL DEBT SPIKED $1 TRILLION IN LESS THAN 6 MONTHS

Justin Sullivan/Getty Images The national debt has risen to over $20 trillion. The US's debt-to-GDP ratio is over 100%. As of the latest...

 
 
 
This blockchain-based startup will cut out the middlemen in travel booking

THIS BLOCKCHAIN-BASED STARTUP WILL CUT OUT THE MIDDLEMEN IN TRAVEL BOOKING

The travel and tourism industry is worth nearly $1.6 trillion globally and accounts for one-tenth of the world's GDP. Despite this...

Demographics and GDP: 2% is the new 4%

DEMOGRAPHICS AND GDP: 2% IS THE NEW 4%

Three years ago, I wrote Demographics and GDP: 2% is the new 4%. In that post I pointed out that due to demographics, slower GDP growth...

 
 
 
New Study Reveals Heathrow Routes to China Add £510 million per year to UK GDP

NEW STUDY REVEALS HEATHROW ROUTES TO CHINA ADD £510 MILLION PER YEAR TO UK GDP

As Prime Minister Theresa May sets off on a trade mission to China, research out today underscores the value of frequent, direct connections...

GDP beats: Britain's economy grew faster than expected at the end of 2017

GDP BEATS: BRITAIN'S ECONOMY GREW FASTER THAN EXPECTED AT THE END OF 2017

Britain's economy grows 1.5% year-on-year in the fourth quarter of 2017, preliminary ONS estimate shows. Growth was expected to be...

 
 
 
GOLDMAN SACHS: The government shutdown will take a toll on the US economy, but the pain won't last long

GOLDMAN SACHS: THE GOVERNMENT SHUTDOWN WILL TAKE A TOLL ON THE US ECONOMY, BUT THE PAIN WON'T LAST LONG

Goldman Sachs says the government shutdown will result in a 0.2% reduction in first-quarter GDP for every week it persists. However,...

This year, global tourism revenue is expected to grow by 6.7%

THIS YEAR, GLOBAL TOURISM REVENUE IS EXPECTED TO GROW BY 6.7%

This year, the global tourism revenue is expected to grow by 6.7 percent, much higher than the forecast growth rates of global GDP. According...

 
 
 
Asian shares mixed, reverse early gains echoing Wall Street

ASIAN SHARES MIXED, REVERSE EARLY GAINS ECHOING WALL STREET

TOKYO - Asian shares were mixed Thursday, with some indexes erasing earlier gains that had echoed a rally on Wall Street. Traders are...

U.S. Current-Account Deficit Decreases in Third Quarter 2017

U.S. CURRENT-ACCOUNT DEFICIT DECREASES IN THIRD QUARTER 2017

The U.S. current-account deficit decreased to $100.6 billion in the third quarter of 2017 from $124.4 billion in the second quarter...

 
 
 
A brutal new analysis shows the GOP tax bill would do little for US economic growth

A BRUTAL NEW ANALYSIS SHOWS THE GOP TAX BILL WOULD DO LITTLE FOR US ECONOMIC GROWTH

The Tax Policy Center released an analysis of GOP tax bill's economic impact. The TPC found that the bill would only boost GDP by 0.7%...

The government scorekeeper says the GOP tax bill would explode the deficit and not pay for itself

THE GOVERNMENT SCOREKEEPER SAYS THE GOP TAX BILL WOULD EXPLODE THE DEFICIT AND NOT PAY FOR ITSELF

The Joint Committee on Taxation released an analysis of Senate Republican tax bill's economic impact. The JCT estimated the bill would...